Hamlyn Heights has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.89% to date .
Hamlyn Heights,3215 was ranked 2374 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hamlyn Heights, 3215. Typically our figures indicate that -4.97% is being offered, which puts this VIC suburb at 2583th most discounted overall in Australia.
Residents and property investors in Hamlyn Heights have been waiting around 84.13 days to sell a property.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.44%, without taking into account capital value appreciation, which has been averaging out at 6.07%.
VIC has seen average median house prices change by 2.98% which means that Hamlyn Heights, 3215 has done well for property investors by showing a capital gain of 2.97% over the last year
A 16.12% growth in median value for property investors in Hamlyn Heights,3215 puts this suburb at number 54th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Hamlyn Heights itself are offering an average vendor discount of -6.93% to real estate investors.
A $295 per week rent on the median house gives suburb investors a gross yield of circa 4.66%, without taking into account capital value appreciation, which has been averaging out at 5.27%.